Beazley plc trading statement for the three months ended 31 March 2020

Social distancing and telehealth: the impact of the coronavirus

The value of design

For over thirty years Beazley has been refining an approach to the design of insurance that aims to give clients the maximum benefit with the minimum of hassle.

When insurance works as it should, it is a beautiful thing. Learn more.

Innovation is a popular word in the specialist insurance market. We are proud to have produced a wide array of innovative insurance products that combine risk management, financial indemnity and incident response services. But we know that our clients are not looking for innovation per se. They want insurance that works, insurance that addresses their most pressing needs.

Drawing on the diverse talents of our people and working closely with brokers, we focus on markets where customised products, backed by expert service, are truly valued - often involving complex or challenging risks that other insurers shun. We design our products, from the ground up, around our client's precise needs.

Andrew Horton

Chief Executive Officer

Straight answers

Beautifully designed insurance involves swift and decisive underwriting. A broker does not bring a risk to Beazley ‎for a "maybe". He or she deserves a straight answer to a straight question: Can you write my client's risk or not?

We make this possible by hiring highly experienced underwriters and giving them the authority they need to give brokers straight answers. We know that time is our brokers' most precious resource. We don't waste it.

Adrian Cox

Chief Underwriting Officer

The moment of truth: claims service

Insurance is a promise. In the specialist lines of business on which we focus, fulfilling that promise requires well designed claims service delivered by experts from diverse backgrounds who are every bit as knowledgeable as our underwriters.

Dependable, high quality claims service has been at the heart of Beazley's business for over three decades. We focus on our expertise, responsiveness, partnership, fairness and accountability knowing that it matters greatly to brokers and clients. In each of these areas we aim to provide a service that will exceed our clients' expectations and endorse the broker's good judgement in having recommended Beazley to their clients.